Ripple Acquires Hidden Road
#Ripple #closes #Hidden #Road #deal #renames #Ripple #Prime #OrxCash
Ripple Acquires Hidden Road, Expands into Prime Brokerage
Ripple has finalized its acquisition of Hidden Road, a prime brokerage firm, and has renamed it Ripple Prime. This move marks a significant expansion into the prime brokerage space for Ripple, a leading player in the blockchain and cryptocurrency industry.
Key Acquisition Details
The acquisition, which was announced in April 2025, is valued at $1.25 billion. Ripple Prime will offer institutional clients access to settlement, custody, trading, and financing, as well as traditional finance assets, including foreign exchange and derivatives. The platform will be key to further Ripple (XRP) and Ripple USD adoption.
What Next for Ripple?
Ripple Prime will significantly help the adoption trajectory of Ripple USD (RLUSD), the U.S. dollar-pegged stablecoin launched in late 2024. The company will use its crypto infrastructure across custody, payments, and stablecoins to bolster the prime brokerage platform. This is also the outlook for XRP (XRP), the company noted.
Integration and Future Plans
Ripple and Hidden Road will continue their integration throughout the coming months. Hidden Road founder and CEO Marc Asch will work directly with the Ripple team, including CEO Brad Garlinghouse. This acquisition is one of the five key deals Ripple has made in the past two years, demonstrating the company’s commitment to expanding its offerings and presence in the market.
Broader Market Implications
The acquisition of Hidden Road by Ripple signals a growing trend of cryptocurrency companies expanding into traditional finance. This move is expected to increase adoption and accessibility of digital assets, making them more appealing to institutional investors. From a retail investor perspective, this development could lead to increased market liquidity and more opportunities for investing in digital assets. As the cryptocurrency market continues to evolve, it will be interesting to see how Ripple Prime contributes to the growth and maturity of the industry.
Recent Acquisitions
Recently, Ripple disclosed it has acquired treasury management provider GTreasury for $1 billion. In August 2025, it revealed a deal for stablecoin payments platform Rail, while Standard Custody and Metaco were acquired in June 2024 and May 2023, respectively. These acquisitions demonstrate Ripple’s aggressive expansion strategy, aiming to solidify its position as a leading player in the cryptocurrency and blockchain industry.
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